January 12, 2022 | By Greene Broillet & Wheeler
When you trust an insurance agent or broker to help you choose the proper policy for your circumstances, you expect they will do everything possible to make sure your assets are protected in the event you need to use your insurance.
However, when an insurance broker fails to uphold his or her duty to provide adequate services and you are harmed as a result, you may be able to hold the broker accountable for negligence.
Read on to learn more about how insurance broker negligence occurs.
If you send money to the broker to pay your insurance policy’s premium, but he or she fails to make the payment and your coverage lapses, you may have an insurance broker negligence case.
If you ask a broker to purchase specific coverage, but the broker fails to do so, he or she may be held accountable for negligence.
If you own or operate a business and you have an insurance broker help with insuring your company, the broker has a duty to procure the proper coverage for your particular business. Failing to acquire the necessary and feasible policy for your business may result in insurance broker negligence.
Every legal situation has specific details that only an attorney can properly evaluate. Before making any decisions, please contact us for a free, no-obligation consultation.
This page was written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by Greene Broillet & Wheeler LLP.